INVEST IN A SMART PROJECT
A Brisbane project marketing company has released a new housing product – and it could be a real money-spinner.
The home design, which looks like an average house from the street, has one threebedroom residence for families; a separate one-bedroom unit; and solar systems which can be sold to both tenants and the grid.
It was designed by Property Direct after two years of research and discussions with local councils, banks, renewable energy companies, architects and builders.
Property Direct managing director David Beard said his team had been frustrated by the lack of innovation in the property market.
“We believe the PD Smart Homes will set a benchmark for property investors,” he said.
“Our product offers low entry costs, low holding costs, high year-round yields with potentially superior long-term capital gains and little, if any, chance of market oversupply.”
The houses have been designed to be cashflow positive with high rental returns, depreciation and tax savings and no body corporate fees.
A range of floor plans are available, with packages starting at $490,000 for a turn-key build across a number of high-growth regions in Greater Brisbane.
Mr Beard said weekly income from a $490,000 PD Smart Home was about $650, with a $550,000 Smart Home producing about $680, and a $650,000 house bringing in about $880.
“Population growth in the outer ring of Brisbane is expected to flourish in the next 20 years,” Mr Beard said. “These are the areas to aim for when considering a high-growth, highreturn investment property.”
Property Direct has released a new housing product designed to allow investors to draw several income streams off a single residential property.